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Category:
Business
Tags:
st on jobwork, meaning of jobwork, scope of jobwork under gst, GST, goods & service tax, Advance Ruling, AAR
Process undertaken which does not result in a new product will come under the purview of the jobwork- Taxwink Since no new product comes into existence after the process conducted by the applicant on the goods supplied by its principals, therefore the process undertaken will come under the purview of the job work as defined under section 2(68) of the CGST Act, 2017. Thus, in view of the above, we find that the applicant is only a job worker and as a job worker, carries out processes on goods supplied by its principals.
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